Located on a dead-end town-maintained road in one of the most beautiful valleys in the Catskills. Set back from the road, all you can see from the house are mountain views and your two massive spring-fed ponds. The park-like grounds are the result of several decades of care, as this home has not changed hands since the mid 1980s. This listing includes 225 acres over four tax parcels. It is simply the highest quality land one could hope for. The house also defies expectations as it feels like an old house inside, but it has 20th century infrastructure. Built in 1972, and updated since then, this home has been cared for inside and out. The upper pond leads to a magnificent deck with a vaulted roof for outdoor dining. This leads directly into the incredible family room, which features timber framing, terra cotta tiles, and a massive stone fireplace. Next is the large kitchen which features a large kitchen island an ample cabinetry and counter space. The first floor includes a formal dining room, living room, full bath, gym, laundry, and a bedroom. The gym could easily be reimagined as a bright studio for any creative endeavor. The upstairs features a large primary bedroom with a wonderful walk-in closet. There are also two additional bedrooms, and a large full bath with custom tile and a jacuzzi tub. Both floors have mini-split heating and cooling on top of the baseboard heat. The detached 2 garage has plenty of storage for tools and firewood. The two spring-fed ponds are both around 1/2 an acre, and 8-9 feet deep, both great for swimming. The upper woods include long trails for hiking, while the lower parcels offer the potential for future home development. Located only 2.5 hours to the GW bridge, 14 mins to Margaretville’s main street, and 15 mins to the closest ski mountain. This home would make an excellent full-time residence or vacation home. Do not let this property pass you by as it is truly exceptional in many ways.
Under contract
Price cut: $150K (6/19)
$950,000
2943 Thompson Hollow Rd, Margaretville, NY 12455
4beds
2,563sqft
Single Family Residence
Built in 1972
225 Acres Lot
$917,400 Zestimate®
$371/sqft
$-- HOA
What's special
Large primary bedroomTimber framingIncredible family roomWonderful walk-in closetMassive stone fireplaceTerra cotta tilesFormal dining room
- 70 days |
- 364 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Jewett and Jewett LLC 802-578-0731,
Steven Jewett 802-578-0731
Source: NYSAMLSs,MLS#: R1677965
Originating MLS: Otsego-Delaware
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- Ductless, Electric, Wood, Baseboard
Cooling
- Ductless
Appliances
- Included: Gas Oven, Gas Range, Propane Water Heater
Features
- Den, Country Kitchen, Bedroom on Main Level
- Flooring: Hardwood, Tile, Varies
- Basement: Crawl Space
- Number of fireplaces: 2
Interior area
- Total structure area: 2,563
- Total interior livable area: 2,563 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Exterior features: Gravel Driveway, Propane Tank - Leased
Lot
- Size: 225 Acres
- Dimensions: 805 x 3100
- Features: Irregular Lot
Details
- Additional parcels included: 199.225 , 199.222
- Parcel number: 1246891990000002027000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
Condition
- Resale
- Year built: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Spring
Community & HOA
Location
- Region: Margaretville
Financial & listing details
- Price per square foot: $371/sqft
- Tax assessed value: $510,200
- Annual tax amount: $11,606
- Date on market: 4/30/2026
- Cumulative days on market: 71 days
- Listing terms: Conventional
Estimated market value
$917,400
$872,000 - $963,000
$5,114/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Contingent | $950,000-13.6%$371/sqft |
Source: | ||
| 6/9/2026 | Price change | $1,100,000+15.8%$429/sqft |
Source: | ||
| 6/2/2026 | Price change | $950,000-13.6%$371/sqft |
Source: | ||
| 4/30/2026 | Listed for sale | $1,100,000+15.8%$429/sqft |
Source: | ||
| 11/20/2025 | Listing removed | $950,000$371/sqft |
Source: | ||
| 10/9/2025 | Contingent | $950,000$371/sqft |
Source: | ||
| 9/14/2025 | Price change | $950,000-5%$371/sqft |
Source: | ||
| 7/2/2025 | Listed for sale | $1,000,000$390/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $510,200 |
| 2024 | -- | $510,200 |
| 2023 | -- | $510,200 |
| 2022 | -- | $510,200 |
| 2021 | -- | $510,200 |
| 2020 | -- | $510,200 |
| 2019 | -- | $510,200 |
| 2018 | -- | $510,200 |
| 2017 | $9,686 | $510,200 |
| 2016 | -- | $510,200 |
| 2015 | -- | $510,200 |
| 2014 | -- | $510,200 |
| 2013 | -- | $510,200 |
| 2012 | -- | $510,200 |
| 2011 | -- | $510,200 +126.2% |
| 2010 | -- | $225,600 |
| 2009 | -- | $225,600 |
| 2008 | -- | $225,600 |
| 2007 | -- | $225,600 |
| 2006 | -- | $225,600 |
| 2005 | -- | $225,600 |
| 2004 | -- | $225,600 |
| 2003 | -- | $225,600 |
| 2002 | -- | $225,600 |
| 2001 | -- | $225,600 |
| 2000 | -- | $225,600 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 12455
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 4/10Margaretville Central SchoolGrades: PK-12Distance: 7.1 mi
Schools provided by the listing agent
- High: Margaretville Central
- District: Margaretville
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Delaware County
- New Kingston
- 12455
- 2943 Thompson Hollow Rd







